• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What Is a DEX? How DEXs Work and Why They Matter

2025-05-21

Solana Revolutionary Launch – Near Instant Finality – Blink of an eye

2025-05-21

What Is Blockchain? Blockchain Technology Explained for Beginners

2025-05-21

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21

    A Beginner’s Guide to Crypto

    2025-05-15

    10 Years of Steadfast Support and Compliance

    2025-05-15

    What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

    2025-05-12
  • Videos

    Solana Revolutionary Launch – Near Instant Finality – Blink of an eye

    2025-05-21

    OCTA: 🚀 The Craziest 🔥 BULLISH 📈 Signals EVER 🤯

    2025-05-20

    ALL IN! 10X Bitcoin leverage RIGHT NOW!!

    2025-05-19

    Bitcoin: Buy Now, 10X Leverage!!!!!

    2025-05-19

    Bitcoin’s Highest Weekly Close Signals Bigger Moves Ahead

    2025-05-19
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst
Bitcoin

Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst

2023-07-19No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

In a recent newsletter by renowned analyst CryptoCon, a groundbreaking indicator known as the “Bitcoin DXY correlation coefficient” has captured the attention of the community. This indicator, which measures the correlation between Bitcoin and the U.S. Dollar Index (DXY), has shown remarkable accuracy in predicting Bitcoin’s price movements and signaling the beginning of bull market parabolas.

According to CryptoCon, the Bitcoin DXY correlation coefficient is “one of the most interesting finds” he has come across in quite some time. In his newsletter, he explains the significance of this indicator and its implications for the future of Bitcoin’s price trajectory.

Bitcoin At Onset Of A Bull Market Parabola?

The analyst highlights the three distinct phases that the correlation coefficient enters during a market cycle. He states, “During a given market cycle, the correlation coefficient enters this zone in 3 phases.” These phases are represented by different colors:

  • PURPLE: The first move into the low correlation zone, which occurs slightly before the bear market bottom.
  • RED: The second move into the low correlation zone, marking the end of the bear market or the bottom of the cycle.
  • GREEN: After some time, the metric returns to the low correlation zone, signaling the start of the true bull market parabola.

Bitcoin / USD correlation parabolas

CryptoCon emphasizes the significance of these findings, stating, “And…there are no false signals when viewed in this way, extremely interesting! I have reviewed some other observations that allude to this, but not to this level of preciseness and caliber.”

Furthermore, the analyst brings attention to the influence of the U.S. dollar on Bitcoin’s parabola. He explains, “And this is from an outside factor, the Dollar. Meaning that the strength of the US dollar has great influence on when Bitcoin parabola takes place.” This correlation adds an additional layer of complexity and highlights the interplay between these two market forces.

See also  Who Is Dumping HUGE Amounts Of Bitcoin Right Now?

Drawing comparisons to the 2013 cycle, the analyst speculates on the potential future trajectory of Bitcoin. He suggests that the upcoming market cycle could resemble a two-curve pattern. CryptoCon states:

I believe this could look something like a 2013 cycle. If we are indeed expecting an early powerful bull move, this could come in the form of two curves.

He further elaborates on the timeframes for these curves, stating, “The first comes early and would probably end sometime in 2024. The second comes later and ends late 2025 according to my Nov 28th Cycles Theory.”

The analyst also shared his price projections for the upcoming bull market parabola. He states, “As for the price target of this parabola, I will speak to the first one. Personally, I would expect it to come just over or short of ATHs. The secondary later top at 90-130k which is my personal range and projection for the cycle.”

Concluding the newsletter, he emphasizes the potential opportunity that lies ahead for Bitcoin investors. He states, “So regardless of the short term, big things are on the horizon for Bitcoin according to data. And maybe… just maybe… you might not have to be as patient as you expect for it.”

At press time, Bitcoin traded at $30,016.

Bitcoin price

Analyst Bitcoin Bull market Parabola Perfect Predicts Record Signal track
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ALL IN! 10X Bitcoin leverage RIGHT NOW!!

2025-05-19

Bitcoin: Buy Now, 10X Leverage!!!!!

2025-05-19

Bitcoin ATH Countdown: Record Price Breakout Imminent

2025-05-18

They Want To Make Sure NO Bitcoin Is Left For You

2025-05-17
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Regulation

SEC faces congressional scrutiny after social media account hack exposes weak security

2024-01-10

Social Media platform X (formerly Twitter) revealed that the U.S. Securities and Exchange Commission (SEC)…

Blockchain

Space And Time Partners with Sui Network to Enhance Data Indexing For Developers

2024-04-08

The partnership will enhance how Space and Time’s developers interact and build with Sui blockchain…

Bitcoin

Bitcoin: Will another sell-off shape BTC’s short-term trajectory?

2023-08-16

The hike in UTXO and whale ratio could force BTC’s price correction. Coins in losses…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What Is a DEX? How DEXs Work and Why They Matter

2025-05-21

Solana Revolutionary Launch – Near Instant Finality – Blink of an eye

2025-05-21

What Is Blockchain? Blockchain Technology Explained for Beginners

2025-05-21

OCTA: 🚀 The Craziest 🔥 BULLISH 📈 Signals EVER 🤯

2025-05-20
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,852.70
ethereum
Ethereum (ETH) $ 2,701.58
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.46
bnb
BNB (BNB) $ 687.37
solana
Solana (SOL) $ 182.81
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.248114
cardano
Cardano (ADA) $ 0.82654
tron
TRON (TRX) $ 0.273602
bitcoin
Bitcoin (BTC) $ 110,852.70
ethereum
Ethereum (ETH) $ 2,701.58
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.46
bnb
BNB (BNB) $ 687.37
solana
Solana (SOL) $ 182.81
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.248114
cardano
Cardano (ADA) $ 0.82654
tron
TRON (TRX) $ 0.273602